Below are some of the key findings from the body firming creams market analysis report
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Global body firming creams industry overview
The increasing sales of beauty care products through online channels is one of the critical reasons that will drive the body firming creams market. Beauty care product manufacturers in regions such as the US and Europe are launching their e-commerce websites and adopting omnichannel retail strategies for the distribution of beauty care products such as body firming and facial creams. The purchase volume of these products is increasing as they are being sold at promotional pricing. This benefits price-sensitive markets such as China and India through market expansion. Factors such as the availability of a variety of products, improved shopping convenience, and constant connectivity to the internet and penetration of smartphones will further boost the sales.
Also, the rising popularity of paraben-free body creams will further boost the sales of these beauty care products through online channels. This will drive the body firming creams market to grow at a CAGR of over 5% during the forecast period. Cosmetic products containing parabens can cause allergic reactions, potential interference with endocrine system function, and estrogenic activity. The growing awareness about the associated side effects is motivating manufacturers and consumers to introduce and adopt paraben-free body firming creams.
Top companies covered in the body firming creams market research report
The body firming creams market is fairly concentrated. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, the industry analysis report will help clients identify new growth opportunities and design innovative strategies to improve their share in the market.
The report offers a complete analysis of various companies including:
- Beiersdorf AG
- Clarins
- Johnson & Johnson Services
- L’Oréal S.A.
- Sol de Janeiro
Body firming creams market segmentation based on geographic regions
- APAC
- Europe
- MEA
- North America
- South America
North America will account for the largest body firming creams market share throughout the forecast period. The growing emphasis on natural and organic body care products is one of the prime reasons for the high growth of the body firming creams market in the region. Also, the market is largely driven by recent product developments such as paraben-free anti-aging creams.
Body firming creams market segmentation based on product
- Non-plant extracts
- Pure plant extracts
The market for non-plant extracts these creams is huge in developing countries such as the UK, the US, Japan, and Germany. The non-plant extracts market segment will account for the highest body firming creams market share due to the adoption of concepts such as specialized creams and paraben-free creams by vendors.
Key highlights of the global body firming creams market for the forecast years 2019-2023:
- CAGR of the market during the forecast period 2019-2023
- Detailed information on factors that will accelerate the growth of the body firming creams market during the next five years
- Precise estimation of the global body firming creams market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the industry across various geographies such as APAC, Europe, MEA, North America, and South America
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive details on factors that will challenge the growth of the companies
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